SBA Loans for Snap-On Franchises
Who actually funds Snap-On SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021–2026.
Top lenders funding Snap-On SBA loans
Ranked by number of Snap-On 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Webster Bank National Association | 5 | $1.2M | $232K |
| 1 | The Huntington National Bank | 5 | $997K | $199K |
| 3 | Readycap Lending, LLC | 3 | $796K | $265K |
| 4 | Manufacturers and Traders Trust Company | 2 | $100K | $50K |
| 4 | BankUnited, National Association | 2 | $586K | $293K |
| 4 | The North Salem State Bank | 2 | $120K | $60K |
| 4 | BayFirst National Bank | 2 | $300K | $150K |
| 8 | Horizon Bank | 1 | $345K | $345K |
| 8 | Mega Bank | 1 | $931K | $931K |
| 8 | National Exchange Bank and Trust | 1 | $312K | $312K |
| 8 | Northeast Bank | 1 | $218K | $218K |
| 8 | Peoples Bank of Commerce | 1 | $500K | $500K |
| 8 | PNC Bank, National Association | 1 | $50K | $50K |
| 8 | TD Bank, National Association | 1 | $75K | $75K |
| 8 | The American National Bank of Texas | 1 | $181K | $181K |
| 8 | TruBank | 1 | $270K | $270K |
| 8 | Wings Credit Union | 1 | $200K | $200K |
| 8 | Adams Bank & Trust | 1 | $243K | $243K |
| 8 | Zions Bank, A Division of | 1 | $100K | $100K |
| 8 | Celtic Bank Corporation | 1 | $120K | $120K |
| 8 | CenTrust Bank, A Division of SmartBiz Bank National Association | 1 | $120K | $120K |
| 8 | Colony Bank | 1 | $100K | $100K |
| 8 | Farmers & Merchants State Bank of New York Mills, Incorporated | 1 | $75K | $75K |
| 8 | Farmers State Bank | 1 | $375K | $375K |
| 8 | First Internet Bank of Indiana | 1 | $445K | $445K |
Source: SBA FOIA 7(a) loan-level data, 2021–2026. Shows lenders with at least one approved Snap-On loan in this period, ranked by loan count.
Snap-On SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| CA | 5 | $1.5M | $294K |
| MA | 4 | $1.1M | $266K |
| FL | 3 | $936K | $312K |
| IN | 4 | $706K | $177K |
| WI | 2 | $662K | $331K |
| IA | 2 | $645K | $323K |
| OR | 1 | $500K | $500K |
| WA | 1 | $445K | $445K |
| TX | 3 | $381K | $127K |
| OH | 2 | $381K | $191K |
| AZ | 1 | $302K | $302K |
| NE | 1 | $243K | $243K |
| CO | 1 | $200K | $200K |
| LA | 1 | $150K | $150K |
| UT | 1 | $144K | $144K |
Snap-On SBA loans by year
How to use this
The lenders above have actually closed SBA 7(a) loans for Snap-On franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in — we match your Snap-On deal to a lender currently funding this brand.
Financing a Snap-On franchise?
We know which lenders are actively funding Snap-On deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).